Gaxosai Stock Odds of Future Stock Price Finishing Over 6.02
| GXAI Stock | 1.19 0.09 7.03% |
Gaxosai |
Gaxosai Target Price Odds to finish over 6.02
The tendency of Gaxosai Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over 6.02 or more in 90 days |
| 1.19 | 90 days | 6.02 | near 1 |
Based on a normal probability distribution, the odds of Gaxosai to move over 6.02 or more in 90 days from now is near 1 (This Gaxosai probability density function shows the probability of Gaxosai Stock to fall within a particular range of prices over 90 days) . Probability of Gaxosai price to stay between its current price of 1.19 and 6.02 at the end of the 90-day period is about 86.31 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.7 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Gaxosai will likely underperform. Additionally Gaxosai has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Gaxosai Price Density |
| Price |
Predictive Modules for Gaxosai
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Gaxosai. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Gaxosai Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Gaxosai is not an exception. The market had few large corrections towards the Gaxosai's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Gaxosai, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Gaxosai within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -1.3 | |
β | Beta against Dow Jones | 1.70 | |
σ | Overall volatility | 0.53 | |
Ir | Information ratio | -0.18 |
Gaxosai Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Gaxosai for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Gaxosai can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Gaxosai generated a negative expected return over the last 90 days | |
| Gaxosai has high historical volatility and very poor performance | |
| Gaxosai may become a speculative penny stock | |
| Gaxosai was previously known as The NFT Gaming and was traded on NASDAQ Exchange under the symbol NFTG. | |
| The company reported the previous year's revenue of 256. Net Loss for the year was (3.95 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Gaxosai generates negative cash flow from operations | |
| Gaxosai has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Gaxos Labs Adds Suno AI and ElevanLabs to Give Game Developers Speech, Sound, and Music ... |
Gaxosai Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Gaxosai Stock often depends not only on the future outlook of the current and potential Gaxosai's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Gaxosai's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 987.9 K | |
| Cash And Short Term Investments | 3.6 M |
Gaxosai Technical Analysis
Gaxosai's future price can be derived by breaking down and analyzing its technical indicators over time. Gaxosai Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Gaxosai. In general, you should focus on analyzing Gaxosai Stock price patterns and their correlations with different microeconomic environments and drivers.
Gaxosai Predictive Forecast Models
Gaxosai's time-series forecasting models is one of many Gaxosai's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Gaxosai's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Gaxosai
Checking the ongoing alerts about Gaxosai for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Gaxosai help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Gaxosai generated a negative expected return over the last 90 days | |
| Gaxosai has high historical volatility and very poor performance | |
| Gaxosai may become a speculative penny stock | |
| Gaxosai was previously known as The NFT Gaming and was traded on NASDAQ Exchange under the symbol NFTG. | |
| The company reported the previous year's revenue of 256. Net Loss for the year was (3.95 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Gaxosai generates negative cash flow from operations | |
| Gaxosai has a frail financial position based on the latest SEC disclosures | |
| Latest headline from gurufocus.com: Gaxos Labs Adds Suno AI and ElevanLabs to Give Game Developers Speech, Sound, and Music ... |
Check out Gaxosai Backtesting, Gaxosai Valuation, Gaxosai Correlation, Gaxosai Hype Analysis, Gaxosai Volatility, Gaxosai History as well as Gaxosai Performance. For more detail on how to invest in Gaxosai Stock please use our How to Invest in Gaxosai guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Is Interactive Home Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Gaxosai. If investors know Gaxosai will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Gaxosai listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.75) | Return On Assets (0.43) | Return On Equity (0.69) |
The market value of Gaxosai is measured differently than its book value, which is the value of Gaxosai that is recorded on the company's balance sheet. Investors also form their own opinion of Gaxosai's value that differs from its market value or its book value, called intrinsic value, which is Gaxosai's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Gaxosai's market value can be influenced by many factors that don't directly affect Gaxosai's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Gaxosai's value and its price as these two are different measures arrived at by different means. Investors typically determine if Gaxosai is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Gaxosai's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.